Financing ·
Churchill Capital Corp XIII consummated its initial public offering on August 3, 2026, selling 41,400,000 units at…
XIIIUChurchill Capital Corp XIII
Churchill Capital Corp XIII consummated its initial public offering on August 3, 2026, selling 41,400,000 units at $10.00 per unit, including the full exercise of the underwriter's over-allotment option for 5,400,000 units. The IPO generated gross proceeds of $414,000,000. Simultaneously, the company completed a private placement of 350,000 units to its sponsor, Churchill Sponsor XIII LLC, at $10.00 per unit, generating an additional $3,500,000 in gross proceeds. A total of $414,000,000 was deposited into a U.S.-based trust account held by Continental Stock Transfer & Trust Company. The company is a blank check company incorporated to effect a merger or business combination with an unidentified target.